SOLD
Sold on 03 Jun 2024 for $1,575,000

539 Princes Highway
Narre Warren VIC 3805

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 159m2
Land area: 729m2
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Property Details for 539 Princes Hwy, Narre Warren

539 Princes Hwy, Narre Warren is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1968. The property has a land size of 729m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Narre Warren in the last 12 months.

Building Type
House
Year Built
1968
Floor Size
159m2
Land Size
729m2
Local Government
Casey
Lot/Plan
28/LP51391

Last Listing description (May 2017)

Prominently positioned with Princes Highway frontage is this exceptional opportunity for an astute purchaser looking for potential. Not only Ideal for development S.T.C.A this property is also the perfect design for any small business owners or consultants that can operate under general residential zone. The current residence offers a very solid brick veneer residence comprising of 3 generous bedrooms, renovated bathrooms, large lounge room that would make the perfect waiting room plus a sizeable kitchen & meals zone and a double garage. With a few small alterations to the exterior there would be ample space for multiple car parks and most of all the property is in a very well maintained condition. Located within only a short walk to Fountain Gate Shopping centre, Webb Street and train and bus services. This property is a one of a kind in the current market. Inspection a must-WILL BE SOLD!!

Property History for 539 Princes Hwy, Narre Warren, VIC 3805

A timeline of how this property has performed in the market
Last Sold
$1,575,000
03 Jun 2024
  • 03 Jun 2024
    Sold for $1,575,000
  • 11 Feb 2017
    Sold for $665,002
  • 12 Jan 2017
    Listed for Sale Auction
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About Narre Warren 3805

The size of Narre Warren is approximately 14 square kilometres. It has 52 parks covering nearly 9% of total area. The population of Narre Warren in 2011 was 25,882 people. By 2016 the population was 26,623 showing a population growth of 2.9% in the area during that time. The predominant age group in Narre Warren is 20-29 years. Households in Narre Warren are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narre Warren work in a trades occupation. In 2011, 75.3% of the homes in Narre Warren were owner-occupied compared with 71.7% in 2016.

Narre Warren has 12,081 properties. Over the last 5 years, Houses in Narre Warren have seen a 28.17% increase in median value, while Units have seen a 31.90% increase. As at 31 October 2024:

  • The median value for Houses in Narre Warren is $767,399 while the median value for Units is $551,053.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 68 properties listed for sale, and 25 properties listed for rent in Narre warren on OnTheHouse. According to CoreLogic's data, 432 properties were sold in the past 12 months in Narre warren.

Suburb Insights for Narre Warren 3805

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.